XTO Energy Moving Out Of Fort Worth, Taking 1,000+ Jobs

The energy company plans to consolidate operations at its Houston campus.

In a statement from the Fort Worth Chamber of Commerce, President and CEO Bill Thornton wrote: “XTO Energy, a home-grown legacy company, has been an outstanding industry leader, a generous community supporter and excellent steward of historic buildings in downtown Fort Worth for decades. It’s hard to hear the announcement of their move.”

The statement goes on to say: “Fortunately, Fort Worth’s diversified economy is prepared to absorb industry changes like this. And XTO’s painstakingly refurbished buildings, plus a new parking garage, leave us well-positioned to market the space to expanding and relocating companies.”

The company reportedly plans to move all but 350 employees with the first 1,200 leaving by June 2018.